Posti set to raise stamp prices

Posti set to raise stamp prices

Finland’s Posti has announced that the price of its mail services paid in cash will change on 29 September, in response to “general cost increases”.

In a statement issued on Friday (26 August), Posti said that, while it has “implemented many changes in [its] operations to curb the cost pressures”, it regretted that “inflation has continued to rise and this will have a significant impact on [its] costs”.

Posti said that the changes will add something less than 10% to the typical consumer’s mailing costs. “Finnish consumers spend, on average, less than €20 per year on sending letters,” said Posti. “For the average Finnish consumer, the price adjustment means an increase of less than €2 in a year.”

The company said the increases will help “ensure mail delivery as a universal service throughout the country”.

Sami Määttä who is in charge of consumer letter operations at Posti, commented: “A genuine letter and card are still highly meaningful, and so there will be a demand for them for a long time to come. That being said, we will have to raise prices so that the postage fees cover the constantly growing costs,”

Domestic letters are divided into four weight classes according to the weight in grams. The price of a domestic card or letter weighing no more than 50 g will be €2.10 as of 29 September 29 (which is an increase of €0.15).

The price of an international postcard or letter weighing no more than 20 g will be €2.25 in Priority class (+€0.20) and €2.10 in Economy class (+€0.15).

The price of the Christmas stamp will be €1.40.

All domestic weight classes will be priced in multiples of the no-value indicator stamp’s price. In the lightest class (1–50 g), the postage of a letter or postcard equals one no-value indicator stamp; in the next weight class (51–250 g), the postage equals two no-value indicator stamps; and in the third weight class (251–1,000 g) the postage equals four no-value indicator stamps. In the heaviest weight class (up to 2 kg), the postage equals six no-value indicator stamps.

All domestic and international no-value indicator stamps bought before the price increase will be accepted without additional stamps after the price increase. Old 1st and 2nd class no-value indicator stamps can still be used. Their value equals the domestic no-value indicator stamp and will be €2.10 as of 29 September.

The new fees for all mail services are available in the price list on Posti’s website at https://www.posti.fi/prices

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